look news india
New Delhi, 26 August (HS). Three shares listed in the domestic stock market today gave huge profits to the investors. Today, the shares of Forecas Studio were listed with a 90 percent premium. Similarly, the shares of Brace Port Logistics were also listed with a 90 percent premium. At the same time, the shares of Inter Arch Building Products were listed in the stock market with a listing gain of about 44 percent.
Forecas Studio's IPO received an overall subscription of 417 times. Under the IPO, the company issued shares at a price of Rs 80. Today, it was listed on the SME platform of the National Stock Exchange at a price of Rs 152. This stock, which was listed with a 90 percent premium, jumped to the upper circuit of Rs 159.60 in a short time. In this way, investors who invested in it through the IPO have made a profit of 99.50 percent so far.
The IPO of Brace Port Logistics, a company providing marine cargo logistics services, opened on August 19 and closed on August 21. This IPO was subscribed 657.81 times. Under the IPO, the company had issued its shares at a price of Rs 80. Today these shares were also listed at a price of Rs 152 with a premium of 90 percent. Shortly after listing, the shares of Brace Port Logistics also reached the upper circuit of Rs 159.60 due to buying support. Investors of this share have also got a profit of 99.50 percent on the first day itself.
Apart from these two shares, shares of Inter Arc Building Products, a company providing services related to pre-engineered steel buildings, also made a strong entry in the domestic stock market today. The company had issued its shares at a price of Rs 900 under the IPO. Today, it was listed at the Bombay Stock Exchange at the level of Rs 1,291.20 and at the National Stock Exchange at the level of Rs 1,299. In this way, the investors of the company got a listing gain of about 44 percent. However, due to selling after listing, the price of this share fell marginally.
